Varun Beverages Limited witnessed a significant rise in its market capitalization on October 8, 2024, as the stock surged by nearly 8%. The stock opened at ₹540.30 and reached a high of ₹593.95 before settling at ₹585.30, marking a sharp increase from its previous close of ₹542.05.
As a result of this surge, Varun Beverages’ market capitalization increased by approximately ₹14,641 crores, bringing the total market cap to ₹1,90,583.66 crores. The impressive rise in the stock reflects strong investor interest, contributing to its performance in the broader market.
The stock traded a volume of 127.75 lakh shares with a traded value of ₹730.32 crores, showing high activity and demand. Investors are optimistic about the company’s future growth prospects, reflected in the stock’s robust performance today.
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